Sep 18, 2017   SOURCE: BusinessWire

Global Engineering Plastics Market (2017-2022): Key Players are Basf, Solvay Plastics, Royal DSM, Sabic & DuPont - Research and Markets

The "Global Engineering Plastics Market- Segmented by Product, Application, and Geography - Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.

The global engineering plastics market was valued at USD 61,817.63 million in 2015 and is expected to reach USD 99,334.03 million by 2021, at a CAGR of 8.23%. Asia-Pacific, currently, dominates the market for engineering plastics, followed by North America and Europe. The developing countries of South America and Asia-Pacific are expected to increase their market share, owing to the increasing purchasing power in these regions.

Engineering plastics are increasingly being used in many markets from packaging, building & construction, electrical & electronics, to automotive & transportation, furniture & bedding, sports & leisure and many other segments. At present, electrical & electronics and consumer goods are the major markets. Automotive & transportation and construction are the two promising application areas for engineering plastics. A major trend driving the market is the growing demand of these plastics in developing countries, such as India, China, and Brazil.

The growing trend towards lighter vehicles, lower emissions, and enhanced fuel-efficiency are expected to drive the consumption growth of engineering plastics in the automotive and transportation industry. A high increase in the sale of passenger cars in emerging markets, such as China and India, is also expected to boost the market. The industry is expected to face certain challenges, such as regulatory standards to reduce CO2 emissions, fluctuation of crude oil prices, and product commoditization.

Companies Mentioned:

  • A. Schulman Inc.
  • BASF SE
  • CCP Composites
  • Celanese Corporation
  • Chemtura Corporation
  • Chi Mei Corporation
  • Chevron Phillips Chemical
  • Covestro AG
  • Daicel Corporation
  • DuPont
  • Dyneon LLC
  • Eastman Chemical Company
  • Evonik Industries AG
  • Grand Pacific Petrochemical Corporation
  • Honeywell Resins and Chemicals
  • Styron
  • Teijin Chemicals Limited
  • The Dow Chemical Company
  • Others

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Engineering Plastics Market

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Policies and Regulations

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/cmj6r4/global